Airframer Embraer entered the business aviation market in 2000 when it announced the Legacy 600, which it had derived from the ERJ-135 regional airliner. Taking a similar approach with the larger E-190/195, the Brazilian manufacturer has created the Lineage 1000.

Flexjet, Bombardier's fractional ownership subsidiary, has announced a program that offers its shareowners the opportunity to offset carbon emissions each time they fly. Climate Care, an offset provider and a division of J.P. Morgan's environment markets group, has been selected as Flexjet's partner in the initiative.

Real estate developer Richard Friedman has been winning plaudits for his unusual latest project: the transformation of the historic Charles Street Jail in Boston's Beacon Hill district into the luxurious, award-winning Liberty Hotel.

One of the joys of the holiday season is getting together with friends and family from around the country-particularly when you can avoid the hassles of commercial air travel and fly privately. This is the time of year when many of our fractional-share clients get the most out of their private jet ownership.

Running short on time to find just the right gift for a fellow business jet traveler? Need an extraordinary present for a hard-to-please friend or loved one? Here are some suggestions to simplify your treasure hunt, at prices from about $20 to $200,000.

Gozzer Ranch's setting is impressive enough-looking out onto the 60-square-mile Lake Coeur d'Alene in northern Idaho. More stunning is how the property's developers, Discovery Land Co., have kept the whole place rustic and in low profile. The 700-acre land plan includes a Tom Fazio-designed golf course that snuggles easily into the native contours.

The aviation bug bit Alex Wilcox at an early age, back when an airline pilot could invite a wide-eyed youngster into the cockpit during a long flight. Wilcox's Swiss mother and American father spent lots of time in Europe, and he vividly recalls extended conversations with pilots while crossing the North Atlantic.